944 Downing Street, Denver

$995,000

0 Beds
0 Baths
3,289 Sqft
.11 Acres
0 Garages

DISCLAIMER: 940 & 944 Downing must be purchased together. 940-944 Downing presents the rare opportunity for an investor to own two classic converted mansions on two assembling parcels in one of Central Denver’s premier locations. Just across the street from King Soopers and around the corner from a variety of popular neighborhood bars, taverns, and coffee shops, the properties
boast a location that will continue to attract tenants seeking both convenience and vibrancy. 940 Downing is a fully renovated triplex that’s comprised of two 1-bedroom and one 2-bedroom unit. Each apartment features top-of-the-line finishes including oak flooring throughout, custom kitchens that boast high-end cabinets and new concrete countertops. 944 Downing is a 4-unit building that features a strong unit mix of two 1-bedroom and two 2-bedroom units. Each apartment features spacious layouts, original hardwood floors and other vintage features that tenants love. A site development plan has been approved by the city for a 3-unit carriage house
behind both properties. A new owner will have the option to immediately cash flow from two well-maintained buildings or significantly increase returns by updating the existing residences and adding three additional units.

Status: Active

Metrolist Services Inc (Colorado) Logo NorthPeak Commercial Advisors, LLC.

Essential Information
MLS® #9394001
Price$995,000
Bathrooms0.00
Square Footage3,289
Acres0.11
Year Built1904
TypeIncome
Sub-TypeQuadplex
StatusActive
Community Information
Address944 Downing Street
SubdivisionCheesman Park
CityDenver
CountyDenver
StateCO
Zip Code80218
Amenities
ViewCity
Utilities

Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Interior
HeatingFloor Furnace
CoolingNone
StoriesTwo
Has BasementYes
BasementPartial
Exterior
RoofArchitecural Shingle
School Information
DistrictDenver 1
ElementaryDora Moore
MiddleDora Moore
HighEast
Additional Information
Date ListedFebruary 5th, 2024
Parking Spaces4
Metrolist Services Inc (Colorado) Logo

NorthPeak Commercial Advisors, LLC

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Metrolist Services Inc (Colorado) LogoOffice: NorthPeak Commercial Advisors, LLC
Status: Active
MLS© #: 8386191

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Listing information last updated on May 5th, 2024 at 3:48am MDT.